In January-September, Severniy Mining ad Processing Works increased pellets output by 22.2% YoY, to 4.93 million tons. Iron ore concentrate manufacture grew by 7.8%, to 10.2 million tons. In September, SevGOK produced 385 thousand tons of pellets and 1.1 million tons of concentrate, down from 490 thousand tons and 1.14 million tons in August respectively.…Details
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In July-September, Pokrovskoye Mine Group, the largest producer of coking coal in Ukraine, decreased output by 30.1% QoQ and by 17.3% YoY, to 1.21 million tons. Since July, monthly dynamics has been negative. Thus, in July, Pokrovskoye decreased output by 4.7% YoY, to 461.2 thousand tons, in August – by 17%, to 371.2 thousand tons,…Details
In January-August, Russia produced 215.07 tons of gold, up by 0.22% YoY. The output of extracted gold dropped by 1%, to 182.62 tons, and auxiliary gold – by 6%, to 10.61 tons, while that of secondary gold grew by 14%, to 21.84 tons. In August, gold production totaled 41.08 tons, up by 7% YoY, with…Details
The state enterprise Selidovugol has ordered Stencil Capital LLC the delivery of rescuing equipment valued at 34.75 million UAH. This year, the company has to supply 1700 mine insulating self-rescuers for 50 minutes of protection produced by Dezega SP, Turkey at 10.555 thousand UAH apiece. This is a new price set in August. Previously it…Details
A new steel plant will be built in Georgia until 2023 within the “Produce in Georgia” state program, the government press office has reported. About 3,819,664 GEL ($1,216,453) will be invested to construct the new steel plant. Prime Minister Irakli Garibashvili said about 50 people would be employed at the plant. The state will give…Details
Interpipe Ukraine LLC has auctioned 6 units of railroad machinery with the combined cost of 4.3 million UAH in the SmartTender system. In particular, the company intends to sell 4 locomotives and 2 railroad cranes. Interpipe accepts offers until November 12. The machines will be shipped until March 31, 2022. (Ukrainian metal)Details
From October 1, ArcelorMittal Kriviy Rih is increasing wages by 10%. The decision was taken at the staff conference on October 22. Some employees will see their salary increase by 30%. Moreover, in December the so-called 14th salary will be paid in the amount of 50%. (Ukrainian metal)Details
PolyMetall LLC from St. Petersburg has become the winner of the auction to develop a deposit on the Munchan Brook in Magadan region. 5 companies competed for the deposit with the reserves of 21 kg of gold. The final bid was 2.04 million rubles, up by 20% from the initial price. (Ukrainian metal)Details
The Siberian Mining and Metallurgical Alliance (SiGMA) has been granted the right to commission a gold-extracting factory at the Ozernovskoye deposit in Kamchatka. The capacity of the factory will be 140 thousand tons of ore per year, which will allow producing up to 1 ton of gold. In 2024, the second stage is supposed to…Details
In September-October, DTEK purchased 278 thousand tons of coal for the operation of its heating plants in autumn-winter. “Gas coal is purchased under contracts with Poland (340 thousand tons) and Kazakhstan. Soon we expect deliveries of coal from the USA – 225 thousand tons,” the company said. DTEK is also negotiating additional imports of coal.…Details
In January-September, Interpipe paid 2.22 billion UAH of taxes, up by 13% YoY. In particular, payments to the state budget amounted to 1.427 billion UAH (+16%), local budgets – 448 million UAH (+5%) and the unified social payment – 343 million UAH (+10). Last year, Interpipe paid 2.54 billion UAH of taxes. (Ukrainian metal)Details
On October 15, ArcelorMittal Kriviy Rih began reconstruction and repair of its blast furnace No. 9. The repair is expected to last for 45 to 50 days. The work done will help provide for the stable operation of the blast furnace until the modernization is completed in 2023. The cost of the BF9 modernization is…Details